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[Rumour] Tyler Toffoli to hit free agency


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22 minutes ago, CanuckGAME said:

Hamonic.  The guy who requested a trade from NYI,  then when his team went to the playoffs opted out leaving his team hanging.   I'll pass.

 

Vatanen is made of glass

 

Granlund just came off a brutal season.

 

Nice upgrades bud.

I'm going to assume you don't know the reason he opted out.  If you do, you are colossal dbag

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16 minutes ago, Pavel the Bure said:

Gentleman's, what you think about Erik Gustafsson D ? If price is right ??

Don't really see him as the ideal fit. He's left-handed. I realize he once put up 60 points but I really believe that's an anomaly in his career. I don't see him being able to displace Hughes or Edler. He would be an OK risk on the bottom-pairing, but cap/development-wise I'd probably rather see Juolevi get a shot. Wouldn't be 100% against it as a buy-low risk - bottom pairing/PP specialist.

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16 hours ago, FireGillis said:

One, point of clarification here. The NHL isn't at fault here. The canucks very much could have taken advantage of the LTIR loophole like other teams. However Florida told Luongo to retire instead of going on LTIR and since his loyalty was with Florida now and they were going to offer him a job, he listened to them and retired instead of going on LTIR which he could have easily with his injuries. I blame Florida for the recapture penalty and not the NHL here. They chose to screw us, so &^@# Dave Tallon! I'm glad he got fired! 

True, however the league did alter the rule to let the majority of other teams off the hook, and the ones that would still be penalized would be fairly minor.

 

 

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1 hour ago, canuck73_3 said:

The league is to blame because retroactively punishing contracts THEY approved is bush league at best. 

Yeah it's dumb they retroactively changed it, but there was an easy loophole of LTIR to get around it.  Luongo easily qualified for LTIR, but Florida told him to retire instead. That's why, I don't blame the NHL because it was so easy to get around the change and avoid the recapture penalty.  It was a rule change that was mostly an empty threat. 

 

I never considered the possibility of getting hit with recapture because with Luongo's failing hips and knees, I thought it was automatic Luongo would end his career on LTIR. I didn't foresee Florida wanting him to retire instead because they benefited more from that and had no problem screwing us. That's why, I blame them over the NHL. 

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54 minutes ago, FireGillis said:

Yeah it's dumb they retroactively changed it, but there was an easy loophole of LTIR to get around it.  Luongo easily qualified for LTIR, but Florida told him to retire instead. That's why, I don't blame the NHL because it was so easy to get around the change and avoid the recapture penalty.  It was a rule change that was mostly an empty threat. 

 

I never considered the possibility of getting hit with recapture because with Luongo's failing hips and knees, I thought it was automatic Luongo would end his career on LTIR. I didn't foresee Florida wanting him to retire instead because they benefited more from that and had no problem screwing us. That's why, I blame them over the NHL. 

I always see the Bobrovsky contract as karma on them forcing Luongo to reitre instead of LTIR.

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1 hour ago, FireGillis said:

Yeah it's dumb they retroactively changed it, but there was an easy loophole of LTIR to get around it.  Luongo easily qualified for LTIR, but Florida told him to retire instead. That's why, I don't blame the NHL because it was so easy to get around the change and avoid the recapture penalty.  It was a rule change that was mostly an empty threat. 

 

I never considered the possibility of getting hit with recapture because with Luongo's failing hips and knees, I thought it was automatic Luongo would end his career on LTIR. I didn't foresee Florida wanting him to retire instead because they benefited more from that and had no problem screwing us. That's why, I blame them over the NHL. 

I wonder if Vancouver could have traded back for his rights so they could place him in LITR. I would have been fine if Vancouver added a late round pick to get it done 

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2 hours ago, thundernuts said:

True, however the league did alter the rule to let the majority of other teams off the hook, and the ones that would still be penalized would be fairly minor.

 

 

The only alteration that was made to the penalty is the penalty can’t be higher in any 1 year than the AAV of the contract.  They did that to avoid a situation in Nashville where they potentially could have been hit with a 1 year $21m penalty.  The overall size of the penalty isnt reduced, just how it is administered. The alteration didn’t let any teams “off the hook” 

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1 hour ago, FireGillis said:

Yeah it's dumb they retroactively changed it, but there was an easy loophole of LTIR to get around it.  Luongo easily qualified for LTIR, but Florida told him to retire instead. That's why, I don't blame the NHL because it was so easy to get around the change and avoid the recapture penalty.  It was a rule change that was mostly an empty threat. 

 

I never considered the possibility of getting hit with recapture because with Luongo's failing hips and knees, I thought it was automatic Luongo would end his career on LTIR. I didn't foresee Florida wanting him to retire instead because they benefited more from that and had no problem screwing us. That's why, I blame them over the NHL. 

I dont think LTIR is just free cap; so a player retiring is the best option to Florida. Im not knowledgable myself so I'm just posting in guessing terms. We'll see how Ferland is handled. 

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5 hours ago, CanuckGAME said:

Yeah was made aware by Teemu Selanne.  I admitted I was wrong,  should have educated myself first.  

Lol. The heated Canadian argument. Could’ve got your back up but ate some humble pie, acknowledged it and moved on. Well done.

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18 minutes ago, qwijibo said:

The only alteration that was made to the penalty is the penalty can’t be higher in any 1 year than the AAV of the contract.  They did that to avoid a situation in Nashville where they potentially could have been hit with a 1 year $21m penalty.  The overall size of the penalty isnt reduced, just how it is administered. The alteration didn’t let any teams “off the hook” 

Ah.  Didn’t realize they still had to pay the same, full penalty, just spread out.

Thanks

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6 hours ago, Drakrami said:

I dont think LTIR is just free cap; so a player retiring is the best option to Florida. Im not knowledgable myself so I'm just posting in guessing terms. We'll see how Ferland is handled. 

LTIR isn't free cap per se as you need to include that cap number in the off season and then you can put the player on LTIR when the season starts. Florida just preferred Luongo retired instead cause their cap recapture was negligible and they saved real money. 

 

 

https://www.tsn.ca/luongo-retires-hitting-canucks-with-3-million-cap-recapture-penalty-1.1328964

 

Luongo made the rare choice to walk away with three years remaining on his contract with the Florida Panthers, foregoing $3.62 million in salary. Playing through lingering hip pain, he could have easily found support from a doctor to say his body was no longer fit for play, leaving him eligible to collect that cash on long-term injured reserve.

 

The Florida Panthers, who did not enjoy as much of a benefit in cap savings compared to cash, will also be hit with a $1.09 million charge for three seasons.

 

The Panthers actually encouraged Luongo to retire instead of seeking a long-term injury exception. For one, the cap penalty is somewhat negligible. Plus, the retirement path saves them $3.6 million in real cash and also reduces the headache of carrying a player on LTIR, which impacts cap flexibility.

 

The Los Angeles Kings were the only team previously to be hung with a cap recapture penalty after they terminated Mike Richards’ contract in 2015. Other players with back-diving deals, such as, Pronger, Hossa and Zetterberg escaped by virtue of LTIR. , Weber, Parise and Suter are the only other active players eligible for the penalty.

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12 minutes ago, FireGillis said:

LTIR isn't free cap per se as you need to include that cap number in the off season and then you can put the player on LTIR when the season starts. Florida just preferred Luongo retired instead cause their cap recapture was negligible and they saved real money. 

 

 

https://www.tsn.ca/luongo-retires-hitting-canucks-with-3-million-cap-recapture-penalty-1.1328964

 

Luongo made the rare choice to walk away with three years remaining on his contract with the Florida Panthers, foregoing $3.62 million in salary. Playing through lingering hip pain, he could have easily found support from a doctor to say his body was no longer fit for play, leaving him eligible to collect that cash on long-term injured reserve.

 

The Florida Panthers, who did not enjoy as much of a benefit in cap savings compared to cash, will also be hit with a $1.09 million charge for three seasons.

 

The Panthers actually encouraged Luongo to retire instead of seeking a long-term injury exception. For one, the cap penalty is somewhat negligible. Plus, the retirement path saves them $3.6 million in real cash and also reduces the headache of carrying a player on LTIR, which impacts cap flexibility.

 

The Los Angeles Kings were the only team previously to be hung with a cap recapture penalty after they terminated Mike Richards’ contract in 2015. Other players with back-diving deals, such as, Pronger, Hossa and Zetterberg escaped by virtue of LTIR. , Weber, Parise and Suter are the only other active players eligible for the penalty.

You’re missing NJ. They’ve had a recapture penalty on the books for Kovalchuk since he bolted to Russia.  It’s not a huge amount but the structure of the penalty is the same. The total cap savings spread over years that remained in the contract.  He only played a couple years on the contract and there were several years left so there wasn’t much cap savings to have to pay back compared to the years. 

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18 minutes ago, FireGillis said:

[...]

 

The Los Angeles Kings were the only team previously to be hung with a cap recapture penalty after they terminated Mike Richards’ contract in 2015. Other players with back-diving deals, such as, Pronger, Hossa and Zetterberg escaped by virtue of LTIR. , Weber, Parise and Suter are the only other active players eligible for the penalty.

Quick, Carter, Keith and Crosby also have active recapture contracts.

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17 minutes ago, qwijibo said:

You’re missing NJ. They’ve had a recapture penalty on the books for Kovalchuk since he bolted to Russia.  It’s not a huge amount but the structure of the penalty is the same. The total cap savings spread over years that remained in the contract.  He only played a couple years on the contract and there were several years left so there wasn’t much cap savings to have to pay back compared to the years. 

Yeah. I remember kovy. His recapture was negligible and only 250k. 

 

13 minutes ago, mll said:

Quick, Carter, Keith and Crosby also have active recapture contracts.

Good point. Not sure why he didn't include those contracts as it seemed too few to me. 

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